Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Research analysts at Desjardins issued their Q1 2023 earnings per share (EPS) estimates for shares of Dream Office Real Estate Investment Trust in a report issued on Wednesday, January 11th. Desjardins analyst L. Kalmar expects that the company will earn $0.37 per share for the quarter. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Dream Office Real Estate Investment Trust’s Q2 2023 earnings at $0.37 EPS, Q3 2023 earnings at $0.40 EPS, Q4 2023 earnings at $0.40 EPS and FY2024 earnings at $1.64
Falling Property Prices Make Property Investment More Affordable
Of course, this all sounds incredibly dramatic and appears to have come right out of the blue, but this price drop has been expected by many property experts for a long time now – due to two years of inflated house prices post-pandemic.
However, despite the price crash being anticipated, the market has become more volatile than experts predicted due to the cost of living crisis and other similar factors.
Alongside this, many experts are also forecasting a further decline in 2023. For example, Lloyds, the UK’s largest mortgage lender, expects prices to fall by 8% this year.
This may